McKinney, Texas.
Typical home $472,867 (-5.1% in a year), asking rent $1,741 (-1.9%). Dallas-Fort Worth-Arlington, TX metro.
to buy the typical home at today's mortgage rate — +$1,271 (+105%) since Jan 2020.
- 1 year
- Down $25,467 -5%
- $498,334$472,867 since Sep 2025
- 5 years
- Up $43,980 +10%
- $428,887$472,867 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- McKinney$2,482
- Texas$1,556
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 36 years.
Typical home values in McKinney, TX fell 5.1% over the past year — slower than the nation's +1.2%.
Asking rents in McKinney, TX fell 1.9% over the past year — slower than the nation's +2.7%.
Owning the typical home in McKinney runs $1,870/mo more than renting one. The gap peaked at $2,321 in May 2024.
That is $3,611 a month against $1,741 rent: a $2,482 mortgage payment, plus $623 property tax and $506 insurance & upkeep.
Owning vs renting — McKinney
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$3,611
- Renting$1,741
- Mortgage only$2,482
Property tax · $623/mo 1.58% of value a year — the ACS 2020-2024 median bill over the median home value for Collin County, TX
Insurance & upkeep · $506/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in McKinney, Collin County, Texas
McKinney is a city of 195,308 people in Collin County. Half its households earn more than $124,215 a year and half less, against $121,600 across Collin County; 6% of its people live below the poverty line. 64% of its homes are lived in by their owners and 36% are rented. Unemployment in McKinney was 4.3% in August 2026, and Collin County had 2.9% more jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Haiku 5.5 wrote this on 22 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. McKinney is a city in Collin County, with a population that has grown into the largest of the county's communities. Most of its homes are lived in by their owners rather than rented, and its residents, on the whole, earn more than the county's residents do. Winters are cool and summers are hot, with the warmest weather arriving in late summer.
Work. Many residents work in schools, hospitals and social care, or in professional and business services, while others work in banks, insurance and property, or in shops. Unemployment in the city is close to what it was a year ago, and jobs across Collin County grew last year. A good number of residents work from home.
Things to do. Universal Kids Resort, an amusement park, is a short drive away, as is the Heard Natural Science Museum and Wildlife Sanctuary. For a larger museum, the Dallas Museum of Art is a longer drive away.
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- 74,072households
- 54%of adults have a degree
- 6%below the poverty line
- 28 mintypical commute
- 24%work from home
What residents work in
Employed residents by industry, from the Census survey. Collin County had 562,572 jobs in 2025, 2.9% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 56° and lows near 34°; warmest in August, with highs near 95° and lows near 71°.
Average daily high and low, 1991–2020, at the Mckinney Municipal Airport weather station, 4 miles away (NOAA).
Largest workplaces in McKinney
- Raytheon_McKinney_TX5,216
- Mckinney ISDSchool district2,689FTE
- RPM xConstructionBackfilling, construction1,124
- Medical City MckinneyGeneral hospital949FTE
- Baylor S&W Medical Center - MckinneyGeneral hospital939FTE
- Simpson Strong-TieBuilder's hardware, metal, manufacturing675
- UPSCouriers and express delivery services654
- H-E-BRetail555
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 94 workplaces with 20 or more staff, 21,211 people in all. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- TornadoesVery high
- HailVery high
- Heat wavesRelatively moderate
- Cold wavesRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in McKinney’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Collin County and the Dallas-Fort Worth-Arlington, TX metro.
McKinney home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- McKinney$472,867
- Texas$296,424
- United States$366,157
Sellers are cutting prices on about 1 in 3 McKinney listings, and the typical home goes pending in 47 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- McKinney38.30%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- McKinney47
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- McKinney1,242
New listings per month
Sellers arriving at the market.
- McKinney256
Median sale price
What buyers actually paid — closed sales, not asking prices.
- McKinney$480,177
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- McKinney97.88%
Zip codes with a McKinney address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls McKinney — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in McKinney
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 75071 | Mckinney | 72,964 | $2,061 | $474,508 |
| 75070 | Mckinney | 64,078 | $1,643 | $470,245 |
| 75072 | Mckinney | 55,087 | $2,411 | $507,900 |
| 75069 | Mckinney | 40,032 | $1,507 | $412,273 |